Minerals: All mineral interests owned by the Seller, if any, will be conveyed to the Buyer(s).

Taxes: Real estate taxes will be prorated at closing.

Conditions: This sale is subject to all easements,
covenants, and restrictions of record. Each Bidder is
responsible for conducting, at their own risk, their own
inspections, inquiries, and due diligence concerning the
property. All property is sold on an “AS IS-WHERE IS”
basis with no warranties or guarantees, either expressed or
implied, by the Seller or Farmers National Company.

Possession: Possession will be granted the at closing on
April 18, 2022 or such other date agreed to by the parties.

Earnest Payment: A 10% earnest money payment
is required with the signed purchase agreement. The
payment may be in the form of cashier’s check, personal
check, company check, or wired funds. All funds will be
deposited and held by Grand Forks Guaranty & Title.

Contract and Title: Upon ending of auction, the high
bidder(s) will enter into a real estate contract and deposit
with Grand Forks Guaranty & Title the required earnest
payment. The Seller will provide a current abstract of title
at their expense. The cost of any escrow closing services
will be or equally paid by both. Sale is not contingent upon
Buyer(s) financing.

Closing: The sale closing is on April 18, 2022, or such
other date agreed to by the parties. The balance of the
purchase price will be payable at closing in guaranteed
funds or by wire transfer at the discretion of Grand Forks
Guaranty & Title.

Sale Method: Offered as one individual tract. All bids are
open for advancement starting Wednesday, March 16,
2022, at 9:00 AM until Thursday, March 17, 2022, at 1:00
PM, subject to the automatic bid extend feature outlined
in these terms and conditions. Auctions are timed events
and subject to extended bidding due to bidding activity.
Any bid placed within five minutes of the auction ending
will automatically extend the auction for five minutes from
the time the bid is placed. The auto-extend feature remains
active until no further bids are placed within the five
minutes time frame.

Approval of Bids: Final sale is subject to the Seller’s
approval or rejection.

Agency: Farmers National Company and its
representatives are acting as Agents to the Seller.

Announcements: Information provided herein was
obtained from sources deemed reliable, but neither
Farmers National Company nor the Seller makes any
guarantees or warranties as to its accuracy. All potential
bidders are urged to inspect the property, its condition, and
to rely on their own conclusions. All sketches, dimensions,
and acreage figures are approximate or “more or less”.
Farmers National Company and the Seller reserve the right
to preclude any person from bidding if there is any question
as to the person’s credentials or fitness to bid.

Online Bidding Procedure:
This online auction begins on Wednesday, March 16, 2022 at 9:00 AM. Bidding closes Thursday, March 17, 2022, at 1:00 PM.
To register and bid on this auction go to:
www.FNCBid.com

All bids on the tracts will be visible online, but the identity
of bidders is confidential. See auction terms and conditions
for minimum bid requirements and details.

Server and Software Technical Issues: In the event there
are technical difficulties related to the server, software, or
any other online auction-related technologies, Farmers
National Company reserves the right to extend bidding,
continue the bidding, or close the bidding. Neither the
company providing the software nor Farmers National
Company shall be held responsible for a missed bid or the
failure of the software to function properly for any reason.
E-mail notification will be sent to registered bidders with
updated information as deemed necessary by Farmers
National Company.